The cloud computing and connectivity provider for financial markets said that the wins included four- to five-year contracts and renewals with brokerage and fintech firms across the UAE and Europe. The deals are said to reflect “growing demand for Beeks' private cloud infrastructure” and are expected to contribute revenue across both FY25 and FY26. Beeks…
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The fintech firm announced that seven financial institutions have already onboarded its service since its launch in late 2024, enabling real-time payments through connectivity with the European Central Bank’s Target Instant Payment Settlement (TIPS) system. “With instant payments now a regulatory necessity, financial institutions are actively looking for scalable and cost-efficient solutions that ensure seamless…
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The company said its entry into the market will enable global merchants to better serve Thai consumers. The move allows Worldpay to offer local currency settlements and access to popular alternative payment methods (APMs), including LINE Pay, TrueMoney, PromptPay, and online banking. The firm said Thai merchants will also benefit from the company’s suite of…
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The move is expected to bolster the company’s efficiency and transparency of European fund distribution. The deal will see Broadridge expand its capabilities across Europe, integrating Acolin’s compliance and fund launch support services with its own suite of distribution data, regulatory communication, and analytics offerings. “Acolin’s fund distribution technology and compliance capabilities complement Broadridge’s distribution…
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The move is seen as a milestone in post-trade infrastructure harmonisation across Europe. Following the ECMS go-live on 16 June 2025, Clearstream became the only central securities depository (CSD) to offer full tri-party collateral management integration with the European Central Bank’s new platform. The ECMS is said to replace previously fragmented national systems, creating a…
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According to reports, X CEO Linda Yaccarino confirmed at the Cannes Lions festival that users will “soon” be able to “transact your whole financial life on the platform.” She added that it could include paying for a pizza, “or making an investment or a trade.” The app is also reportedly developing a digital wallet and…
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Built on the blockchain-based FundsDLT platform and integrated with Clearstream’s existing Vestima system, the company said the solution is being piloted with selected clients before a broader rollout. It is said to target long-standing inefficiencies in private market fund distribution by automating key processes and enhancing transparency across the value chain. According to Clearstream, the…
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Under the new agreement, Jingle Pay stated that it will serve as a “key partner for Western Union,” supporting the flow of cross-border money transfers directly to bank accounts and mobile wallets. This positions Jingle Pay as a key remittance partner within Western Union's extensive global network. Amir Fardghassemi, Chief Executive Officer of Jingle Pay,…
Read moreUnveiled at Coinbase’s State of Crypto Conference, the card will be issued by First Electronic Bank and provided in partnership with fintech firm Cardless. Coinbase added that it will be available exclusively to U.S.-based members of Coinbase One. The full launch is expected this autumn. Will Stredwick, senior vice president of Global Network Services at…
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The crypto exchange stated that the platform provides a streamlined approach to managing crypto payments, assets, and financial workflows. Launching later this year, Coinbase Business said it aims to address longstanding inefficiencies in traditional finance by leveraging the speed and scalability of crypto. Businesses will be able to send and receive payments instantly, automate payouts,…
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